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Search Results 0 to 13 of about 14 (some duplicates have been removed)
bigger. israel's defense minister goes on the record coming up. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. host: could switching to geico reon car insurance? or more host: do people use smartphones to do dumb things? man 1: send, that is the weekend. app grapgic: yeah dawg! man 2: allow me to crack...the bubbly! man 1: don't mind if i doozy. man 3: is a gentleman with a brostache invited over to this party? man 1: only if he's ready to rock! ♪ sfx: guitar and trumpet jam vo: geico. 15 minutes could save you 15% or more on car insurance. >> greta: promising republican senator mike lee is calling speaker boehner and senator majority le
? or 34 times? i'll tell you in just a second. stay wesw me. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. >>> so 17 minutes past the hour now. before the break, we were asking you, do you realize how many times a debt ceiling has actually been raised since 1962? 110 times, 74, or 34? according to the congressional research service, the answer is 74 times. and ten of those increases has occurred since 2001. getting to the 75th time is proving to be a doozy. that deadline for the debt ceiling deal just a few days away now. it's coming up on tuesday. if there is no agreement, then the government could start defaulting on loans
. the power to solve this is in our hands. >> arthel: meanwhile, arizona senator jon kyl delivering the republican address. he is accusing democrats of using the debt crisis to raise taxes instead of viewing it as an opportunity to rein in spending. >> unfortunately, after weeks of negotiations, it became clear that democrats in washington did not view this crisis as an opportunity to rein in spending. instead, they saw it as an opportunity to impose huge tax increases on american families and small businesses. president obama is simply too committed to the european style of big government, that his policies have set in motion. to democrats in washington, the isn't to cut spending, but to raise taxes and keep on spending. democrats claim they would only target the privileged few, but behind the scenes, they argue for much broader tax increases. >> arthel: it looks like we may be hearing from senator reid very soon. in the meantime, the senate is expected to vote early sunday morning to cut off debate on its own debt ceiling plan. rick? >> rick: just as advertised, senator harry reid
shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be ♪ because your moment is now. let nothing stand in your way. learn more at keller.edu. >> greta: promising republican senator mike lee is calling speaker boehner and senator majority leader debt plans. you may remember senator lee introduced cut, cap and balance and the g.o.p. plan after tack that passed last week but got ignored in the senate. what does senator lee think we should do now? senator mike lee joins us. you've been a supporter of it. you're in the senate. >> right. right. >> greta: where are we? tell me. >> in a moment at which the house of representatives has been unable to come up with another package z remember, they did pass a cut, cap and balance act a couple weeks ago. there are a number of representatives in the house i'm told are now refusing to join on to
. and the beltway bashing, though, seems to be pushing the 2012 candidates to kick it up a notch. jon huntsman hitting mitt romney for not speaking out on anything that's going on in washington this week, and, of course, tim pawlenty on a daily rant against michele bachmann. bottom line on that one is that we're two weeks and going to chronicle all this pap huge test for a couple of candidates. namely, tim pawlenty and michele bachmann. >>> with the clock ticking lawmakers are exhausting. the public is fed up. check out the headlines this morning. "usa today," drama muddles debt fate. "the washington post," a cliffhanger in the house. the saint pete times, still twisting arms, and our favorite cover, the new york daily news. reid, boehner squabble as economy quakes. grow up! the gang of six, chairman ever the committee senator conrad. nice to see you. it's my understanding that while the house has been trying to figure this out, trying to send you guys a bill, i know there's been a lot of chatter behind the scenes trying to negotiate what the senate bill will look like, whether it's harry reid
ceiling. here is senator jon kyl's take on where things on. >> three months ago the president insisted on a clean debt ceiling extension. clearly we will have a significant amount of spending reductions in this proposal. the second thing was he insisted on revenues as he called them. tax increases. there will not be tax increases in this proposal. >> bottom line, the most liberal members are not going to be happy with the details they hear. some of the tea party folks will not be happy with the details they hear but they are trying to find a compromise and obviously the clock is ticking. >> shannon: thank you very much. what does happen if the nation fails to raise the debt ceiling by the deadline on tuesday? nobody really knows for sure. most experts agree the country may not have enough money to pay all of its bills and that means $23 billion of social security checks set to go out on wednesday could be in jeopardy. bondholders will still get paid but that will come at the expense of unemployment, medicaid and defense spending. and you are looking live at the senate floor. a cloture
the speeches from this weekend, the speech speeches from- president obama and senator jon kyl of arizona. >> the plan would force us to relive this crisis in a few short months. it would hold washington captain to politics once again. that is not acceptable. any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. not just one faction of one party. there are multiple ways to resolve this problem. congress must find common ground on a plan that can get support from both parties in the house and the senate. it has got to be a plan i can sign by tuesday. the parties are not that far apart. we have agreement on how much needs to be cut to reduce our deficit. we have agreed on how to tackle entitlement reform. there are plenty of ways out of this mess. there is little time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. bills like contract we have signed with thousands of american businesses. if we don't, we could use our -- lose our country's a
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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